by Taylor Brown | Jun 27, 2023 | Hot Topics
The matter of timely deposits is a key compliance issue regarding a company’s 401(k) plan. Plan sponsors have a fiduciary responsibility to deposit participant contributions in a timely manner—and act in the participants’ best interests. The IRS deems late deposits as...
by Taylor Brown | Jul 1, 2019 | News, Newsletters
All 401(k) plan contributions have deposit deadlines, and it’s up to 401(k) fiduciaries to meet them. Yet, many are unclear about the deadlines applicable to their 401(k) plan. That confusion can easily lead to late contributions. Most of the confusion surrounds the...
by Taylor Brown | Apr 23, 2019 | News, Newsletters
Every retirement plan design begins with a study of a company’s payroll. It’s the essential information that drives thinking around how to optimize tax and savings potential for both business owners and their employees. Once a plan is installed, we rely on payroll...